Mercury Systems (NASDAQ:MRCY) EVP Sells $119,185.80 in Stock

Mercury Systems Inc (NASDAQ:MRCY) EVP Steven Ratner sold 1,084 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $109.95, for a total transaction of $119,185.80. Following the transaction, the executive vice president directly owned 28,459 shares of the company’s stock, valued at approximately $3,129,067.05. This represents a 3.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Steven Ratner also recently made the following trade(s):

• On Tuesday, August 18th, Steven Ratner sold 1,971 shares of Mercury Systems stock. The stock was sold at an average price of $111.36, for a total transaction of $219,490.56.

Mercury Systems Trading Down 3.6%

Mercury Systems stock traded down $3.75 during trading on Wednesday, reaching $101.25. The company had a trading volume of 1,723,371 shares, compared to its average volume of 669,717. Mercury Systems Inc has a 12-month low of $62.78 and a 12-month high of $128.45. The stock’s 50 day moving average price is $108.73 and its two-hundred day moving average price is $94.85. The firm has a market capitalization of $6.08 billion, a price-to-earnings ratio of -421.88 and a beta of 0.95. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.15 and a current ratio of 3.19.

Mercury Systems (NASDAQ:MRCY) last issued its quarterly earnings results on Tuesday, August 18th. The technology company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.01). The company had revenue of $289.78 million for the quarter, compared to analyst estimates of $266.09 million. Mercury Systems had a positive return on equity of 2.22% and a negative net margin of 1.46%.The business’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period last year, the company posted $0.47 EPS. As a group, equities analysts expect that Mercury Systems Inc will post 0.33 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

MRCY has been the topic of a number of research analyst reports. Canaccord Genuity Group lifted their target price on Mercury Systems from $102.00 to $106.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Weiss Ratings restated a “sell (d-)” rating on shares of Mercury Systems in a research note on Friday, July 17th. Zacks Research downgraded Mercury Systems from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft lowered Mercury Systems to a “hold” rating in a research note on Wednesday, August 12th. Finally, Robert W. Baird boosted their target price on Mercury Systems from $120.00 to $130.00 and gave the stock an “outperform” rating in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $106.80.

Hedge Funds Weigh In On Mercury Systems

Several hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in Mercury Systems during the 2nd quarter worth $1,146,342,000. Invesco Ltd. increased its holdings in Mercury Systems by 161.7% in the 3rd quarter. Invesco Ltd. now owns 1,527,443 shares of the technology company’s stock valued at $118,224,000 after purchasing an additional 943,736 shares in the last quarter. Bamco Inc. NY purchased a new position in Mercury Systems in the second quarter valued at about $74,244,000. American Capital Management Inc. purchased a new position in Mercury Systems in the second quarter valued at about $59,460,000. Finally, William Blair Investment Management LLC acquired a new position in shares of Mercury Systems during the second quarter worth about $46,453,000. Institutional investors and hedge funds own 95.99% of the company’s stock.

Key Stories Impacting Mercury Systems

Here are the key news stories impacting Mercury Systems this week:

• Positive Sentiment: Record fourth-quarter bookings rose 93.1% year over year to approximately $660 million, producing a 2.28 book-to-bill ratio. Backlog exceeded $1.9 billion, up 38.4% year over year, improving visibility as production ramps. Mercury Systems Reports Fourth Quarter and Fiscal 2026 Results
• Positive Sentiment: Fourth-quarter revenue increased 6.1% to roughly $290 million, exceeding analyst expectations near $266 million. Management’s fiscal 2027 targets point to low-double-digit revenue growth and potentially stronger performance ahead. Mercury Systems Q4 Earnings in Line, Revenues Top on Bookings
• Positive Sentiment: Several analysts raised their outlooks after the results. RBC increased its price target to $120 with an “outperform” rating, while Baird raised its target to $130 and Piper Sandler lifted its “overweight” target to $131. These Analysts Raise Their Forecasts on Mercury Systems After Q4 Results
• Neutral Sentiment: The broader market backdrop was mixed, with investors also monitoring geopolitical developments and technology stocks, potentially adding volatility to MRCY’s post-earnings reaction. Stock Market Futures Mixed
• Negative Sentiment: Adjusted EPS was $0.37, slightly below the $0.38 consensus and down from $0.47 a year earlier. GAAP EPS fell to approximately $0.01 from $0.27, while adjusted EBITDA declined to $49 million from $51 million. Lower profitability overshadowed the demand signals. Mercury Systems Drops as Q4 EPS Miss Overshadows Record Bookings
• Negative Sentiment: Fourth-quarter free cash flow eased to $29 million from $34 million, and full-year operating and free cash flow were below fiscal 2025 levels. Reported insider activity also showed sales and no open-market purchases in the past six months, adding a cautious signal.

Mercury Systems Company Profile

Mercury Systems, Inc (NASDAQ: MRCY) is a technology company that designs, manufactures and markets secure processing subsystems for aerospace and defense applications. The company’s products are built to address the stringent security, safety and reliability requirements of mission-critical programs, with a focus on radar, electronic warfare, intelligence and other sensor and processing functions. Mercury’s offerings encompass rugged embedded computing modules, high-performance radio frequency (RF) and microwave components, digital signal processing subsystems and secure networking solutions.

Since its origins in advanced signal processing, Mercury Systems has expanded its capabilities through a combination of internal development and targeted acquisitions.